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Lighter Launches EVM Developer Network for Automated Smart Contract Trading

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LIGHTERUSD$3.19 0.38%

Decentralized perpetuals trading platform Lighter (COINBASE:LIGHTERUSD) has launched a new Ethereum Virtual Machine developer network. Built in partnership with Axiom, the network operates as an OpenVM-based, EVM-equivalent rollup running alongside Lighter Core. Both systems are designed to settle back to the Ethereum blockchain through a single zero-knowledge proof.

The expansion allows software developers to use standard industry tools such as Foundry, Hardhat, Viem, and Ethers to deploy custom smart contracts. These contracts can access real-time position, account balance, market, and order data on Lighter Core, while directly creating, altering, or canceling trades. The system also supports token transfers between Layer 1 Ethereum, Lighter Core, and the new Lighter EVM environment.

Development teams can currently apply for early access via email as part of a phased rollout. Full public availability for all developers is scheduled to launch over the coming weeks. Following the announcement, Lighter was trading down 0.63% at $3.156.

Key points

  • Lighter launched an EVM-equivalent developer network that operates alongside Lighter Core.
  • The network uses OpenVM technology and settles alongside Lighter Core to Ethereum via zero-knowledge proofs.
  • Developers can deploy smart contracts using standard tools like Foundry, Hardhat, Viem, and Ethers.
  • Smart contracts on the network can directly manage orders and view live account, position, and market data.
  • Access is currently available by email request, with full public access scheduled in the coming weeks.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

What is the new Lighter EVM developer network?

It is an EVM-equivalent rollup built with Axiom using OpenVM technology. Running alongside Lighter Core, it allows developers to build smart contracts for order management and settles to Ethereum using zero-knowledge proofs.

Which tools can developers use on Lighter EVM?

Developers can build and deploy smart contracts using standard Ethereum development tools, including Foundry, Hardhat, Viem, and Ethers.

How can developers get access to the Lighter network?

Development teams can request early access by sending an email. Lighter is onboarding developers in stages before opening the network to the public in the coming weeks.